The picks-and-shovels play is getting crowded, and the people selling the shovels are about to cash out. Wall Street banks are preparing billions in IPOs for data center companies, riding the wave of AI infrastructure demand
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A Bitcoin miner just became a billion-dollar AI landlord, and the market noticed before most people finished their coffee. Hut 8 secured a $9.8 billion deal to commercialize its Beacon Point data center in Texas, with infrastructure built to NVIDIA specifications for AI workloads
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The chip maker just bought a stake in the pipe maker, because AI doesn't run on silicon alone. Nvidia bought $500 million in share rights for Corning, the fiber-optic cable manufacturer, as part of a broader AI infrastructure partnership.
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The guy who said he'd colonize Mars is now trying to outspend Intel's entire market cap on a chip factory—and the bill just doubled Wall Street's estimate.
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The chip king's repeat appearances at a workflow software conference reveal more about the coming agent economy than any earnings call ever could.
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While everyone obsesses over AI training clusters, the next wireless standard is being built to make those models run on your phone—and let your phone help train them.
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A Bitcoin miner just signed the largest AI infrastructure deal in history—and nobody's talking about who's on the other end of that $9.8 billion check.
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Microsoft just turned its earnings call into a product launch for a business model no one else can copy. Microsoft announced a new "agentic business model" during its earnings call, signaling a fundamental shift in how enterprise software gets priced and deployed
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Tech earnings are outrunning a Middle East oil crisis so severe that the Strait of Hormuz is at a near standstill—and the market doesn't care.
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The picks and shovels of the AI gold rush aren't GPUs alone — they're the power management chips keeping data centers from melting down. Infineon forecast quarterly revenue above analyst expectations, riding the wave of AI infrastructure spending
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The AI planned its own unveiling, picked the date (5/5 at 5:55pm), and turned 8,000 applicants into a lottery for a few hundred winners—while the rejects got free API credits as consolation prizes.
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Beijing just told the world exactly how seriously it takes the AI sovereignty race—by writing a check with ten figures. China's state-backed chip investment fund is in talks to lead a funding round for DeepSeek valued at roughly $45 billion, per the Financial Times.
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Lambda just hired a telecom lifer to run an AI cloud company, which tells you everything about where GPU infrastructure is headed. Lambda, an Nvidia-backed AI cloud provider, named Michel Combes as CEO, replacing its founding leadership in a management overhaul
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When defense budgets balloon, satellite data becomes the new oil — and Europe just realized it's been importing from the wrong suppliers. Finnish satellite startup Iceye is raising €250M ($293M), potentially doubling its valuation on European defense spending surge
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The messiest divorce in AI history started with whiskey poured by Amber Heard at a haunted mansion and ended with compute costs ballooning from $30 million to $50 billion.
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Only two chipmakers on Earth are worth a trillion dollars now, and both of them are printing money from the same customer: your AI agent. Samsung hit $1 trillion market cap on AI chip demand, joining TSMC in an exclusive club
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The money finally figured out that you can't train frontier models on vibes and venture capital—you need actual electrons. Guggenheim Partners Executive Chair Alan Schwartz warned at Milken that US electrical grid limitations could cost America its AI leadership
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While everyone's been watching Nvidia print money, AMD just proved the AI gold rush has room for two miners. AMD issued a strong forecast for the current quarter, driven by surging AI data center demand that's lifting the entire chip sector.
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Intel's betting $178 million that quantum computing moves from lab curiosity to commodity hardware, and they're doing it in the Netherlands instead of Silicon Valley. QuantWare raised €152 million ($178 million) led by Intel Capital to build a quantum processor production facility in the Netherlands
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The billionaire who bet early on chips is now betting $200 million that universities — not startups — will train the next generation of AI builders. Nvidia director Mark Stevens and his wife Mary are donating $200 million to USC to advance AI research and education across the university
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